Insurance linked securities news, ILS news

Eclipse Re Ltd., the special purpose insurer and segregated accounts company that had been launched originally by Horseshoe Group and Rewire Securities LLC has issued its first tranche of private catastrophe bond notes for 2019, Eclipse Re Ltd. (Series 2019-01A).

Voussoir Re Ltd. is a new collateralized reinsurance sidecar style vehicle which we understand to have been established by Arch Capital as a new third-party capital vehicle.

The enactment of a bill designed to reform the assignment of benefits (AOB) system in the state of Florida has the potential to reduce homeowners insurance rate need by an average of 15% and in some cases in the south of the state as much as almost 18%.

The countries and territories of the Western Balkans region are highly vulnerable to the majority of natural catastrophe events, underlining the need for increased awareness of the capabilities of various sources of risk financing, including the catastrophe bond and insurance-linked securities (ILS) space.

Specialist non-life insurance and reinsurance legacy investor and program manager Randall & Quilter (R&Q) Investment Holdings is says third-party capital structured through sidecar like arrangements could help it to finance larger run-off deals.

Here are the ten most popular news articles, week ending 28th April 2019, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates or get our email alerts for every article we publish.

Insurance and reinsurance broker Aon has had a good first-quarter in terms of insurance-linked securities (ILS), catastrophe bonds and other capital markets related reinsurance transactions, reporting double-digit year-on-year growth.

Zurich headquartered insurance and reinsurance linked specialist investment fund manager Twelve Capital has taken a just over 3% equity stake in UK retirement income and insurance product provider Just Group plc.

The Lloyd’s of London insurance and reinsurance market is set to be a focus in the coming days, with a new strategy and reform agenda set to be revealed in the awaited “Prospectus” that’s due to be published next week.

With a bill designed to reform assignment of benefits (AOB) having passed the Florida Senate this week, already discussions are turning to how the market impact will be quantified and whether it will reduce reinsurance pricing.